NuScale Power Corporation (NYSE:SMR) Q2 2022 Earnings Conference Call August 10, 2022 5:00 PM ET

Company Participants

Diane Hughes – Vice President of Marketing and Communications

John Hopkins – President and Chief Executive Officer

Chris Colbert – Chief Financial Officer

Conference Call Participants

Marc Bianchi – Cowen

Shar Pourreza – Guggenheim Partners

Operator

Good afternoon, and welcome to NuScale Power’s Second Quarter 2022 Earnings Results Conference Call. Today's call is being recorded. All participants are in a listen-only mode. After managements’ prepared remarks, there will be a question-and-answer session. [Operator Instructions] A replay of today's conference will be available and accessible on NuScale’s website at ir.nuscalepower.com. The web replay will be available for 30 days following the earnings call. A telephone replay will also be available for seven days through a registration link, also accessible on NuScale’s website.

At this time for opening remarks, I would like to turn the call over to Diane Hughes, Vice President of Marketing and Communications. Please go ahead, Ms. Hughes.

Diane Hughes

Thank you. Welcome to NuScale's 2022 second quarter earnings results conference call. With us today are President and Chief Executive Officer, John Hopkins; and Chief Financial Officer, Chris Colbert. Please note that although, the merger was Spring Valley closed on May 2, this report and our 10-Q will cover the entire three and six months ended June 30. The income statement includes only NuScale expenses. We are not including Spring Valley's expenses prior to the merger and they had no expenses subsequently.

We issued the earnings release earlier today, which can be found in the Investor Relations section of our website at ir.nuscalepower.com. We'll reference the release while conducting today's call. Before getting started, I'd like to refer you to our Safe Harbor disclaimer regarding forward-looking statements, which is included in the press release.

During today's call, we will be making forward-looking statements, which reflect our current views of existing trends and information. There is an inherent risk that actual results and experience could differ materially. You can find a discussion of our risk factors, which could potentially contribute to such differences in our S-1 and other filings with the SEC. Also, during this call, we may discuss certain non-GAAP financial measures. Reconciliations of these amounts to the comparable GAAP measures are included in the earnings release and SEC filings.

I'll now turn the call over to John Hopkins, NuScale’s President and Chief Executive Officer. John?